Automotive Wind Tunnel Market is expected to grow from US$ 544.8 Mn in 2017 to US$ 1557.5 Mn by 2027 at a CAGR of 14% between 2021 and 2027.
A wind tunnel is a long tube through which air passes. Tunnels are used to replicate the work of objects flying in the air or moving on the ground. There are two types of wind tunnels: aerospace and automotive. Automotive wind tunnels are used for aerodynamic inspection of various passengers as well as commercial vehicles such as passenger cars, trucks and motorcycles. An aerodynamic wind tunnel for testing the aerodynamics of a vehicle, a climatic wind tunnel to verify the vehicle’s performance to support a variety of climatic conditions, and the aerodynamic sound of a vehicle running at great speed.
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Market Segments
By Type
• Closed Circuit
• Open Circuit
By Application
• Motorcycles
• Passenger Cars
• Commercial Vehicles
Key Players
The major players in the market are Daimler AG, HORIBA MIRA, Mahle, Mitsubishi Heavy Industries, A2 Wind Tunnel, Audi, Auto Research Center, FKFS, Toyota Motorsport, and RUAG Holding.
Scope of the Report
The research study analyzes the global Automotive Wind Tunnel industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Wind Tunnel Market Report
1. What was the Automotive Wind Tunnel Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Automotive Wind Tunnel Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Wind Tunnel Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Wind Tunnel market.
- The market share of the global Automotive Wind Tunnel market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Wind Tunnel market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Wind Tunnel market.
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